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2.—(1) A conditional fee agreement must specify—
(a)the particular proceedings or parts of them to which it relates (including whether it relates to any appeal, counterclaim or proceedings to enforce a judgement or order),
(b)the circumstances in which the legal representative’s fees and expenses, or part of them, are payable,
(c)what payment, if any, is due—
(i)if those circumstances only partly occur,
(ii)irrespective of whether those circumstances occur, and
(iii)on the termination of the agreement for any reason, and
(d)the amounts which are payable in all the circumstances and cases specified or the method to be used to calculate them and, in particular, whether the amounts are limited by reference to the damages which may be recovered on behalf of the client.
(2) A conditional fee agreement to which regulation 4 applies must contain a statement that the requirements of that regulation which apply in the case of that agreement have been complied with.
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